Facebook is reportedly preparing to offer its own financial services as the company continues to expand beyond social networking. The Financial Times reports the company is set to gain approval in Europe for a system allowing users to pay each other with Facebook-backed e-money across the continent. The service could potentially compete with other apps such as Venmo or Square. The new...
More ads—up to 15 new types—are reportedly headed to your Twitter stream. According to sources speaking with The Wall Street Journal, the social network is devising new ways to target users in their timelines, with Twitter already internally testing a new ad that will launch in the next few weeks; that ad is based around apps, and attempts to encourage users to download those apps...
When we think about the cloud—that place all of our data is increasingly being stored—it's easy to imagine that moving everything online should be good for the environment, but that's not always the case. A new report from Greenpeace reveals that while a number of leading companies are doing their best not to create a sustainable environment others, namely Twitter and Amazon, are...
Yes, today is April Fools, though this story is not a joke. It's not uncommon for a CEO to drastically reduce his or her salary as the firm goes public, and today news surfaced that Mark Zuckerberg did just that in 2013. The social network CEO brought home a salary of $1 last year, about half a million dollars less than he took home the year prior. He's still one of the world's richest...
Facebook a year ago detailed a tremendous redesign that made the social network feel fresh and uncluttered—not something we typically associated with Facebook today. News Feed put greater emphasis on imagery, and the site overall looked cleaner and easier to use. But that particular redesign was never rolled out, and the reason why might surprise you. Turns out, not everyone has a fancy...
Facebook CEO Mark Zuckerberg on Thursday confirmed its new Connectivity Lab, via Internet.org, that's being used for research on bringing the world online. The news is part of Facebook's partnership with other leading technology companies—Qualcomm, Nokia, Samsung, and more—that are collaborating to solve the problem of giving the roughly two-thirds of the world's population access to...
Earlier this week a story in The New York Times citing an anonymous source claimed Facebook's eventual plan for Oculus was to turn the company's VR device into a Facebook machine. The social networking giant was quick to deny the rumors, but that's no guarantee we won't see that actually happen. With this $2 billion acquisition, Mark Zuckerberg is betting that virtual reality will be...
The mood following Facebook's Oculus acquisition isn't particularly positive. While it's still too early to tell what, exactly, the social network has to offer the world of virtual reality, onlookers are understandably reserved. Mark Zuckerberg's company isn't exactly beloved in the tech community, and many believe this is the beginning of the end for Oculus despite reassurances...
Oculus VR has been purchased by Facebook. The social media giant dropped $2 billion in cash and stock options, a sum that splits into roughly $400 million and 23.1 million Facebook shares. The social network clearly values the virtual interaction device and intend to make use of it in the not so distant future. The acquisition came with a status update from Mark Zuckerberg, the...
Facebook on Tuesday announced the acquisition of yet another beloved company, Oculus, adding to its varied—and expensive—tech portfolio. Mark Zuckerberg previously parted ways with billions for Instagram ($1 billion), and WhatsApp ($19 billion), seemingly on an unstoppable quest to make the world more open and connected. Oculus, a young company based out of Irvine, Calif., had most...